Welcome to Finance Insider, Business Insider’s summary of the top stories of the past 24 hours.
The first round of the French election is over, and investors can start moving on.
With 97% of the results reported, centrist Emmanuel Macron was ahead with 23.9% of the vote, followed by Marine Le Pen, the far-right candidate, with 21.4%. Macron is clearly investors’ favourite, given the reaction in global markets after the election. Here’s what you need to know:
President Donald Trump has a huge week ahead of him, and how it plays out will have a huge impact on the market. In related news, President Donald Trump appears to be OK with people judging his success by the stock market. And now’s a great time to be a stock picker.
JPMorgan just announced a big shakeup in its trading business. And we asked six Wall Street recruiters about the hottest trends in hiring.
The Fed has a problem after the biggest bond-buying binge in history. And the Fed’s leak scandal is giving ammunition to its harshest critics.
In deal news, Beckton Dickinson on Monday announced a $US24 billion deal to acquire the medical technology company Bard. A small Wall Street firm is set to make a killing on the deal.
Fresenius is near a deal to acquire Akorn. PPG raised its offer for Akzo Nobel to $US29 billion. And Jimmy Choo is putting itself up for sale.
In other news, Starbucks is entering a new era — and four jokes reveal the biggest problems haunting its business.
Sears just lost its CFO for the second time in six months ahead of a looming financial deadline. The company’s turnaround timeline is shrinking — and it could be next in line to declare bankruptcy.
The lawyer for the man dragged off a United flight “like a sack of potatoes†wants the company to pay. In related news, airlines are destroying a main pillar of the stock market rally.
A city in Illinois realised it was spending a lot of money on one drug, so it sued the maker.
The success of Tesla’s Model 3 hinges on a risky assembly-line strategy. And this chart explains why Tesla has been making history.
Lastly, the team behind the best restaurant in the world is opening a new fast-casual concept in New York City.
Here are the top Wall Street headlines from the past 24 hours.
A wealth management veteran explains why understanding emotions is key to investing – Individual investors are human beings, not robots.
World leaders meeting in Washington are pretending they can’t see the bogeyman right in front of them – This year’s spring meetings of the International Monetary Fund are like one big therapy session for the global financial elites, and everyone is venting about the same issue: Donald Trump.
Canada is launching an experiment that will give 4,000 people free money until 2020 – Finland, The Netherlands, and San Francisco, California have already shown their interest in giving people a regular monthly allowance — a system known as basic income.
A Tesla bull makes his case: “We think it’s real …. it’s a good car. That’s not a fluke†– Business Insider’s Matthew DeBord sat down with Morgan Stanley auto and mobility analyst Adam Jonas for Episode 3 of The Bottom Line with Henry Blodget.
Ford, GM, and FCA are reporting earnings this week — here’s what to expect – General Motors, Ford, and Fiat Chrysler Automobiles will all report first-quarter earnings this week.
11 exclusive events around the world where you’re most likely to spot a billionaire this summer – The world’s richest people spend much of their time working to earn their fortunes. But they also make time for fun, and that often includes making appearances at some of the world’s most exclusive events.
We took a helicopter to dinner at the Rockefeller Estate with the most powerful business players you’ve never heard of – Last Thursday evening, some of the world’s most innovative minds joined each other for dinner at one of the country’s most storied old-money estates.
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